Common use of Early Termination Liability Clause in Contracts

Early Termination Liability. Notwithstanding the Early Termination provision in the Customer’s Master Terms (if any), if Services subject to a Service Commitment are terminated by Customer pursuant to a termination for convenience provision or by Verizon for cause or insolvency, on or after the: Commencement Date but before the Activation Date, Customer shall pay 100% of the Monthly Recurring Charge (MRC) that would have been payable for the Services for the remaining unexpired part of the Service Commitment together with any third party termination charges related to such termination as notified by Verizon; or (b) Activation Date but prior to the expiration of the Service Commitment, Customer shall pay an Early Termination Charge equal to 100% of the Recurring Charges that would have been payable for those Services for the remaining unexpired part of the Service Commitment.